Kraken Robotics Inc. has announced its plans to acquire 3D at Depth, Inc., a prominent American subsea technology firm known for its expertise in high-resolution LiDAR imaging and measurements. This acquisition, valued at $17 million in cash, will be executed through a subsidiary and includes adjustments for any debt incurred and customary working capital considerations. The agreement is contingent upon standard closing conditions, including obtaining consent from Kraken's primary lender. The transaction is anticipated to finalize around April 1, 2025.
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Original from ROVplanet.com: Kraken Robotics Expands U.S. Footprint with Acquisition of 3D at Depth
Kraken Robotics Expands U.S. Footprint with Acquisition of 3D at Depth
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Canadian underwater robotics company supplying synthetic aperture sonar, subsea LiDAR, and pressure-tolerant batteries for defense and commercial markets.
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United States
ITAR-compliant industrial additive manufacturing service bureau delivering prototypes through pre-production end-use parts with finishing services.
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United States
US-based maker of gantry-style 3D concrete printers for construction applications.
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United States
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United States
US-based industrial PC manufacturer building custom rugged rack-mount, panel, and embedded computers for robotics, SCADA, and HMI applications since 1993.
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Japan
Japanese industry council promoting robotics development and diffusion in Aichi Prefecture, one of Japan's largest robot manufacturing hubs.
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Brazil
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China
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China
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